Movers & Shakers: April 05, 2012

Egypt: EGX 30 -0.23%, Vols USD 63m

The market managed to end the day in negative territory, leaving the EGX30 to end the day down 0.23%, to close at 4827.02 points. Volumes were within recent average volumes, market traded a total turnover of USD 63m. The market started the day with a positive sentiment yet past mid-day, the EGX30 couldn't hold on to its earlier gains to change its sentiment to trade negatively to reach a low of 4823.02 . Stocks traded in the red with the exception of a hand full of stocks, the likes of HRHO, NSGB, ETEL and COMI traded higher from the open, each ending the day up 0.55%, 0.38% 1.34% and 1.23% respectively .ORTE continues to witness heavy selling,the name ended the day down 1.42% to close at EGP1.39.

Investor mix:
•  Foreigners were net Sellers by 13.25 mn EGP and were 21.04% of the market.
•  Egyptians were net Buyers by 9.63 mn EGP and were 70.32% of the market.
•  Arabs were net Buyers by 3.61 mn EGP and were 8.64% of the market.
•  Institutions were net Buyers by 48.49 mn EGP and were 42.53% of the market.
•  Retail were net Sellers by 48.49 mn EGP and were 57.46% of the market.

Kenya: NSE 20 -0.27%, Vols USD 2.65m

Quiet day ahead of the Easter weekend with value traded amounting to a rather dull $2.65m. The only decent sized cross that went through in the market today was 5.5m EQBNK @ 19.40 with both the buyer and the seller being local, a total of 7.50m shares changed hands with the name closing at 19.40. Safcom was very quiet today with only 2.65m shares changing hands in the name. Foreigners were rather absent from the market today contributing $755k of total purchases while they accounted for $173k of total sales. The market closed the day lower with the NSE 20 Index falling 0.27% to close at 3,400.48. Please note that the market will re-open on Tuesday the 10 th April after the Easter break.

Mauritius: Semdex -0.22%, Vols USD 910k

The market ended today's session in negative territory with the Semdex down 0.22% and the Sem-7 down 0.20%. MCB continued to dominate the vols with 59,282 shares trading in the name 0.61% higher at Rs166. SBM however lost 0.61% at Rs81.50 on 7,600 shares. NMH traded 2.10% in the red at Rs70 leaving outstanding bids at Rs69.50 level. Lux also followed the downward trend finishing the day at Rs21.80 on very thin trading. Terra was not spared, with the counter closing 1.3% lower at Rs39.50. On the Dem side, the index edged up 0.3% to end at 147.52pts.

Nigeria: ASI +0.04%, Vols USD 13.17m

Another quiet day in Lagos with value traded amounting to $13.17m. The banks once again lead from the front in terms of value traded thanks to a number of crosses in the likes of Zenith Bank, Guaranty Bank and Diamond Bank. Diamond Bank announced that they would like to increase their number of branches in the country by more than 50% over the next two years. Nigerian Breweries was also relatively active with 2.04m shares trading in the name, there was a cross of 960k shares at 98 towards the end of the session. Guinness was quite active today with 453k shares trading in the name thanks to a cross of 255k shares at 230.14 that went through right at the close. The market closed the day slightly higher with the ASI gaining 0.04% to close at 20,941.92 while the Bank10 Index fell 0.66%. Please note that the market will re-open on Tuesday 10 th April after the Easter break.

South Africa: Top 40 +1.12%, Vols USD 1.52bn

The JSE ended the day higher with the Top 40 Index gaining 1.12% to close at 29,754 while value traded amounted to USD 1.52bn.Resources were the day's biggest gainers with the Index gaining 1.44% followed by Financials and Industrials which gained 0.90% and 0.84%. The Rand was trading at 7.82 and 10.21 to the USD and EUR respectively by the time local markets closed.

Zambia: LuSE +0.10%, Vols USD 540k

Active day in Zambia today thanks to a large cross in Zambia Sugar with total value traded amounting to USD 540k. The names that raded included CECZ, INVE, PUMA, SCBL, ZMBF, ZNCO and ZSUG. ZSUG was the biggest contributor towards turnover with value traded in the name amounting to USD 521k. CECZ was the second biggest contributor towards turnover with value traded in the name amounting to USD 7k.

Zimbabwe: Industrials -0.07%, Mining +3.05%, Vols USD 2.5m

Harare ended today's session with the Industrials down 0.07% while Mining's increased by 3.05%. Market turnover stood just above USD 2.5m. Econet lost 5c to end the day at 380c. Seedco traded 2c lower at 102c. Aico lost 1.50c to 15c. Old Mutual increased by 2.01c to 172.01c. Dairibord edged down 0.40c to 17.50c. On the Mining's side, Rio traded 5c higher at 60c on 216,339 shares. Bindura increased by 0.60c to 2.30c.